return2ozma@lemmy.world to News@lemmy.world · 28 days agoU.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs sayswww.nbcnews.comexternal-linkmessage-square10linkfedilinkarrow-up1200cross-posted to: news@lemmy.world
arrow-up1200external-linkU.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs sayswww.nbcnews.comreturn2ozma@lemmy.world to News@lemmy.world · 28 days agomessage-square10linkfedilinkcross-posted to: news@lemmy.world
minus-squareSeeMarkFly@lemmy.mllinkfedilinkEnglisharrow-up22·28 days agoHow is it that people don’t know how a tariff works??? Are there a bunch of “other” tariffs that I don’t know about???
minus-squareLillyPip@lemmy.calinkfedilinkEnglisharrow-up18·28 days agoThe GOP has spent decades and billions of dollars making sure most Americans have grown up not knowing how any of this works.
minus-squareIlovethebomb@sh.itjust.workslinkfedilinkarrow-up12·28 days agoThere’s a shocking lack of financial literacy from a lot of people, and not just Americans. Tax brackets, tariffs, you name it. People somehow expect either the importer or the manufacturer to wear the cost.
minus-squarepartial_accumen@lemmy.worldlinkfedilinkarrow-up4·28 days ago…and perhaps most importantly: compound interest This applies not only to growth, but to debt.
How is it that people don’t know how a tariff works???
Are there a bunch of “other” tariffs that I don’t know about???
The GOP has spent decades and billions of dollars making sure most Americans have grown up not knowing how any of this works.
There’s a shocking lack of financial literacy from a lot of people, and not just Americans.
Tax brackets, tariffs, you name it. People somehow expect either the importer or the manufacturer to wear the cost.
…and perhaps most importantly: compound interest
This applies not only to growth, but to debt.
US be like…